Tower B: Apartment / Condo Auction in Kuala Lumpur Ended · 3 Nov
Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
Property Details
- Type
- Apartment / Condo
- Tenure
- Freehold
- Built-Up
- 926 sqft
- Auction Date
- 3 Nov 2026 · 10:30 AM
- Auction Round
- 4th auction · lower reserve
- Auctioning Bank
- OCBC Bank Malaysia Berhad
- Region
- Kuala Lumpur
- Reference
- 843E18DE04
Auction History
| Round | Auction Date | Reserve Price | Result |
|---|---|---|---|
| 1st auction | 22 Sep 2026 | RM 540,000 | Unsold |
| 2nd auction | 6 Oct 2026 | RM 486,000 | Unsold |
| 3rd auction | 20 Oct 2026 | RM 486,000 | Unsold |
| 4th auction | 3 Nov 2026 | RM 438,000 | Unsold |
About This Apartment / Condo Auction Record in Kuala Lumpur
The auction for this bank auction (lelong) apartment / condo in Tower B, Kuala Lumpur has ended (3 Nov 2026), at a last-round reserve of RM438,000. That round went unsold and no new date has been set. Banks often bring such properties back at a lower reserve; the record is kept as a reference for auction buyers in Kuala Lumpur.
This freehold apartment at Residensi Rimbunan (Petalz Residence) on Jalan 1/132A, Off Jalan Klang Lama, Kuala Lumpur offers 926 sq ft of built-up space and is being sold via bank auction (lelong) by OCBC Bank Malaysia Berhad. The reserve price is RM438,000 against a market value of RM540,741, about 19% below market, with the auction scheduled for 3 November 2026. Contact Crispina Ng for auction details and financing guidance.
Location
Open in Google Maps ↗Tower B, Residensi Rimbunan (also known as Petalz Residence), Jalan 1/132A, Off Jalan Klang Lama, 58000 Kuala Lumpur
FAQ
What happened at this apartment / condo auction in Kuala Lumpur?+
The round went unsold (no bid met the reserve), auction date 3 Nov 2026, last-round reserve RM 438,000. No newer round is listed.
Can I still buy this property?+
There is no auction open for it right now. Banks often relist such properties at a reserve about 10% lower. Contact Crispina Ng 013-744 9391 to hear if it returns, or when a similar apartment / condo in Kuala Lumpur comes up.
How much cheaper is the next round?+
The reserve usually drops by about 10% after each unsold round, at the bank's discretion. See the BidNest market report for current clearance rates and discounts.
Prices and auction dates are indicative and subject to change by the auctioning bank. Reserve prices may be revised. Please contact us to confirm the latest details before bidding.
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Lelong buying guides
- Strata Title in Malaysia: The 1985 Act, Costs and Auction Condos
- e-Lelong Court Auction vs Bank Auction: Key Differences for Buyers
- Buying an Auction Property with a Tenant: What You Must Know
- Lelong Property Costs in Malaysia: Deposit, Stamp Duty, Legal Fees
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